For a 12th straight month, the overall Rural Mainstreet Index (RMI) sank below growth neutral, according to the August survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.
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Commercial insurance rates rose for most lines last month, but Workers Comp was the only major line that saw a decrease.
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U.S. sales of 4-wheel-drive tractors increased 18.6% in July 2024 compared to the year before and are up 5.2% year-to-date according to the latest data from AEM.
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Deere & Company reported net income of $2.978 billion for the third quarter ended July 30, 2023, or $10.20 per share, compared with net income of $1.884 billion, or $6.16 per share, for the quarter ended July 31, 2022.
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The Association’s Marketing & Distribution Convention is a bit more complex than our spring meeting. These tips will help you make the most of your time in Addison, TX, whether you’re a convention rookie or a seasoned veteran. Register early and save $200.
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Enhance your presence at the Marketing & Distribution Convention by taking advantage of our newly revamped sponsorship packages, which feature prime booth locations and extended display times.
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Global raw steel production through June 30, 2024, stands at 954.6 million metric tons, unchanged from the previous year. June’s output was 161.4 million metric tons, a 2.3% decrease from May but 0.5% higher than June 2023.
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The number of Americans filing for unemployment benefits fell significantly last week, providing a boost to labor market optimism.
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In this webinar, Spindustry will expand your knowledge and show you possibilities that you may not have considered for your SharePoint environment.
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Coinsurance can be confusing, even for some insurance professionals. But don’t worry, we’ll break it down simply.
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Concerns about a decline in U.S. manufacturing might be overstated, given that the industry still boasts a quarter-million factories employing 13 million workers.
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We invite our members to take advantage of Sentry’s free resources through a library of safety resources and webinars.
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Teles Hydraulics began its journey in 2004, manufacturing prototypes of hydraulic cylinders for road trailers. They manufacture over 10,000 models of cylinders for agriculture, sugar cane processing, construction, forestry, trailers, and load moving and lifting.
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Alamo Group Inc. reported results for the second quarter ended June 30, 2024.
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CNH executives announced the immediate appointment of Ryan Schaefer to the role of Vice President for New Holland Agriculture North America.
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Net sales for the first six months of 2024 were approximately $6.2 billion, which is a decrease of 13.7% compared to 2023.
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CNH Industrial N.V. reported results for the three months ended June 30, 2024, with net income of $438 million and diluted earnings per share of $0.34 compared with net income of $710 million and diluted earnings per share of $0.52 for the three months ended June 30, 2023.
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Kinze announced Aug. 1 that it will be implementing a reduction in its workforce in response to the ongoing economic downturn in the agricultural sector.
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Titan International, Inc. reported 2nd quarter 2024 financial results which continued to reflect a difficult macro environment in most of its end markets.
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AGCO provided updates regarding the growth plan for its North American distribution network which includes expansions in Missouri and Wisconsin.
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Trimble Inc. announced financial results for the second quarter of 2024.
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The Ag Economy Barometer Index rose 8 points to 113. At the same time, the Index of Current Conditions increased by 10 points to 100, and the Index of Future Expectations at 119 was 7 points higher than a month earlier.
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Please join us in congratulating our Accounting/Meeting Services Director, Tricia Kidd, on her incredible 25 years with the Farm Equipment Manufacturers Association!
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AGCO, a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced it has entered into a definitive agreement to sell the majority of its Grain & Protein business to American Industrial Partners (“AIP”)
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Land Pride has made the difficult decision to stop production at 3 of their facilities in Kansas for the month of August.
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Salford Group, a Canadian-based manufacturer of tillage, crop fertilizer and application equipment, will close its Osceola, Iowa, manufacturing plant and will lay off 51 workers.
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The 2024 Marketing & Distribution Convention is approaching and with October 22 on the horizon, now is the time to start planning. If you haven’t registered yet, here are five compelling reasons to join us:
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Get ready for an inspiring start to our Fall Convention with award-winning business author Dean Lindsay who is a renowned business culture strategist, a skilled workshop facilitator, and a powerful keynote speaker.
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The proportion of work-related injuries among newly hired workers increased from 2017 to 2022, with workers under 25 reporting more frequent injuries than those 55 and older, according to a report released Thursday by the Workers Compensation Research Institute.
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Established in 1998 by Inderpal Singh in Ludhiana, LIFTECH is a reputed name in international markets for development and production of hitching/lifting solutions for tractors, trailers, and heavy Earthmovers.
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The already-slim chances of Farm Bill reauthorization in 2024 are waning in the summer heat, facing a legislative calendar almost out of days.
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Protecting your computer network from viruses and attacks is essential in today’s digital age. Here are ten effective strategies to keep your system secure and your data safe—an obvious but important reminder for everyone.
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In June, U.S. factory production exceeded expectations, with a 0.4% increase following a revised 1.0% rise in May.
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Vermeer recently had the pleasure of hosting the Association of Equipment Manufacturers (AEM) Manufacturing Express at The Vermeer Mile.
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Congratulations to, member company, Components Company Inc (CCI) who is celebrating the milestone anniversary of 90 years!
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Classy Llama is an agency of a different breed. They could not be more serious about the level of integrity, excellence, and commitment they bring to their clients.
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For an 11th straight month, the overall Rural Mainstreet Index (RMI) sank below growth neutral, according to the July survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.
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John Deere announced it will be ditching nearly all its diversity, equity and inclusion (DEI) polices in favor of a quality-based workplace.
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Deere announced it will lay off more than 300 production employees in Waterloo, IA, effective September 20.
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June sales of 2-wheel-drive tractors dropped 16.3% compared to 2023, while 4-wheel-drive tractors fell 1.3% within the same timeframe. Combines sales declined as well, finishing the month 31% below June 2023.
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Whether you’re seeking innovative strategies, advanced education, networking opportunities, or insights into trends affecting your company’s future, the Fall Convention is a must-attend event for every farm equipment manufacturing professional.
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The annual Marketing & Distribution Convention thrives on the belief that business and pleasure go hand in hand. A bit of social time can pave the way for more meaningful professional exchanges. What better opportunity than our Spouse/Guest Tour in Grapevine, TX?
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The North American Equipment Dealers Association (NAEDA) has released its 2024 Dealer-Manufacturer Relations Survey Report that provides agriculture and outdoor power equipment dealers the opportunity to anonymously rate the manufacturer lines they carry.
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Since 1980, LINAK has developed durable electric actuator solutions capable of heavy and repetitive movements in harsh environments.
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This article continues a series exploring different aspects of technology and how they have shaped the future of ag machinery.
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AEM embarks on its largest public engagement initiative in 130 years with the ‘Manufacturing Express’ bus tour where it will visit 80 communities at equipment manufacturing sites nationwide.
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Congratulations to Marc Adams, a member of the FEMA Supplier Section, and his wife Nicole on the joyful arrival of their third child, Weston Jeffrey, born July 4.
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AGCO Corp. announced a restructuring program to streamline its workforce and cut overhead costs amid operational changes and demand challenges.
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Art’s Way Manufacturing Co., Inc., a diversified manufacturer and distributor of equipment serving agricultural and research needs, announces its financial results for the second quarter of fiscal 2024 and six months ended May 31, 2024.
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Be prepared when insuring your commercial property and always consider your buildings and personal property through two avenues: actual cash value and replacement cost.
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